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Jul 31, 2012
07/12
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banks in florida, michigan, illinois and arizona have been hard hit, and are still strupgling to recover. the >> the pendulum has swung, and there's pressure to raise more capital and comply with the rules that it makes it difficult to go about daily business. >> no estimate on how much the new rules are affecting small banks. but banking expertsay is having an impact on their bottom lines. reuben ramirez, nbr, bethesda, maryland. >> tom: four years since the taxpayer bailed out the banking industry. billions of dollars are paid back, and the tarp bailout remains a flash point over financial reform in politics. we have the inspector general of tarp, and he's written about his experiences in a new book entitled bailout. an inside account of how wash wark abandoned main street while rescuing wall street. tarp was sold as a necessary emergency measure that had to happen right now to save banks. banks are open, and the economy has rebounded but not as much as some hoped doesn't that prove the effectiveness of tarp? >> not as great as some would have hoped. that's an understatement. tarp was
banks in florida, michigan, illinois and arizona have been hard hit, and are still strupgling to recover. the >> the pendulum has swung, and there's pressure to raise more capital and comply with the rules that it makes it difficult to go about daily business. >> no estimate on how much the new rules are affecting small banks. but banking expertsay is having an impact on their bottom lines. reuben ramirez, nbr, bethesda, maryland. >> tom: four years since the taxpayer bailed...
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Mar 3, 2012
03/12
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your read on michigan? >> rick santorum blew michigan. he will look back on michigan as the missed opportunity of his public career. david is right, abandoning the very narrative that brought him to where he was it's grandson of the miner, the blue collar republican who was concerned with manufacturing, for those who weren't part of the country club set. and he did that-- this isn't a man with a chip on his shoulder. he has a two by four on his shoulder. he accuses the president of snobbery for wanting people to go to college. and many of the people he's trumpeting as heroes, those who spend long days and difficult physical labor want-- most want their children to go to college. and then doing the unthinkable-- attacking the icon of john kennedy before the houston inisrs e at a time of anti-catholicism in the country when there was a lot of it, he, the first catholic ever elected, had to go into foreign, alien territory and make the case that the pope wasn't packing up to move to the white house accomplishe
your read on michigan? >> rick santorum blew michigan. he will look back on michigan as the missed opportunity of his public career. david is right, abandoning the very narrative that brought him to where he was it's grandson of the miner, the blue collar republican who was concerned with manufacturing, for those who weren't part of the country club set. and he did that-- this isn't a man with a chip on his shoulder. he has a two by four on his shoulder. he accuses the president of...
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Dec 8, 2012
12/12
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the reuters-university of michigan consumer sentiment survey fell in early december to its lowest level since august. the dow rose 81 points, the nasdaqas down 11n further losses in apple shares, the s&p up four points. a mixed week for the indices, the dow industrials, which does not include apple, gained 1% for the week. with apple, the nasdaq fell 1.1%. and the s&p 500 eeked out a 0.01% gain since last friday. >> susie: one hundred of the small businesses behind the job growth we're seeing, were honored last night in washington, with inc magazine's "hire power" awards. the businesses span the country, and cross an array of sectors. sylvia hall met with three of the winners to talk about their businesses, and the one thing they have in common: success. >> reporter: they work in different states, and in completely different fields. but together, these c.e.o.s have added more than 1,500 jobs to the nation's economy over the past three years. this is mike derheim, who heads a minnesota tech firm; sharon virts mozer, whose virginia- based company runs administration for the federal govern
the reuters-university of michigan consumer sentiment survey fell in early december to its lowest level since august. the dow rose 81 points, the nasdaqas down 11n further losses in apple shares, the s&p up four points. a mixed week for the indices, the dow industrials, which does not include apple, gained 1% for the week. with apple, the nasdaq fell 1.1%. and the s&p 500 eeked out a 0.01% gain since last friday. >> susie: one hundred of the small businesses behind the job growth...
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Aug 14, 2013
08/13
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of a massive east coast blackout caused by a storm in ohio that shut power to 50 million people from michigan to new england, all the way down to the mid atlantic region and even up to parts of canada. hopefully with cooler temperatures across much of the nation and less of a strain on the nation's power grid, nothing like that will happen again tonight, tyler. >> i was in our offices at "nightly business report" and had to walk down 19 flights. >> i remember we had guests coming to down and no air conditioning and that was a problem. that was a problem. so we injected liquidity and stayed cool that way. we want to hear from you. send us one stock you want the market monitor to discuss on friday. log on nbr.com and click on the link to submit your question and don't forget to include where you're from. >> that's "nightly business report" for tonight. i'm susie gharib. thanks for watching. >> i'm tyler mathisen. have a great evening everybody. we'll see you back here tomorrow, thursday night. >>> "nightly business report" has been brought to you by. >> sailing through the heart of historic cit
of a massive east coast blackout caused by a storm in ohio that shut power to 50 million people from michigan to new england, all the way down to the mid atlantic region and even up to parts of canada. hopefully with cooler temperatures across much of the nation and less of a strain on the nation's power grid, nothing like that will happen again tonight, tyler. >> i was in our offices at "nightly business report" and had to walk down 19 flights. >> i remember we had guests...
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Dec 7, 2011
12/11
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today the michigan state government began a 30-day review of the city's troubled finances, a move that could lead to a state takeover. special correspondent desiree cooper of detroit public tv has the story. >> reporter: detroit is on the verge of a financial disaster. hundreds, possibly thousands more city workers, could soon be laid off while trying to stave off a state-appointed emergency manager who would take control of city government. now demanding that the city's fire and police unions accept another pay cut. >> for decades the city has refused to face its fiscal reality. we cannot continue to operate that way. without change, the city could run out of cash by april with the potential cash shortfall of $45 million by the end of the fiscal year. >> reporter: in the last 60 years, detroit has lost more than half of its population. this is a common scene in once comfortable middle class neighborhoods like yorkshire woods, abandoned homes being leveled by city wrecking crews. more than 3,000 structures have come down since mayor bing took office two years ago. bing wants to take do
today the michigan state government began a 30-day review of the city's troubled finances, a move that could lead to a state takeover. special correspondent desiree cooper of detroit public tv has the story. >> reporter: detroit is on the verge of a financial disaster. hundreds, possibly thousands more city workers, could soon be laid off while trying to stave off a state-appointed emergency manager who would take control of city government. now demanding that the city's fire and police...
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Oct 5, 2012
10/12
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and he could have stood up and given a real wonderf statement to the people of wisconsin, ohio and michigan, and it would have grabbed people, a real blue collar statement, the president didn't seem to know he was allowed to be pa passionate and talk about why he wants to have equal pay for women and why it is important for women who grow up and join the work force to know that their hours are as valuable as the guy's hour and their work is as valuable, he could have given passionate speeches last night and romney would have been out of the picture for a while but he the let romney almost choreograph the evening and i think it was the strength of romney and weakness of the president to let that happen. >> rose: is this a fair observation, i came to the studio live at 11:00 o'clock having seen the debate, have you watched msnbc and i said no, i haven't and they said, chris and others seem visibly angry at what they are seeing. is that a fair characterization? >> yeah, i think. so i was told afterwards i was too angry, because i guess you get frustrated because i guess it is like, you know, i
and he could have stood up and given a real wonderf statement to the people of wisconsin, ohio and michigan, and it would have grabbed people, a real blue collar statement, the president didn't seem to know he was allowed to be pa passionate and talk about why he wants to have equal pay for women and why it is important for women who grow up and join the work force to know that their hours are as valuable as the guy's hour and their work is as valuable, he could have given passionate speeches...
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Sep 8, 2012
09/12
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and now you've got president obama-- if you go into wisconsin and spend a bundle, you go into michigan, whatever, to tie up the-- i mean, that's what it does. it gives you more tactical latitude. >> i'm more skeptical that money makes the difference. when you look at the evidence-- when people do a big ad, all the bain ads against romney, it did drve his personals down but it didn't really affect his vote. i think when you look at the door, you see you can drive personals down or up, but the vote has been remarkably stable. and think of the independents we just saw, the comments we just heard. do we really think any of those people are going to be affected by an ad? i'm a little dubious about that. there's a lot of information they're processing and ads go through an extremely thick filter in those voters' minds. >> woodruff: what does it take to shake the race up? >> we have several ieractions. we've got four debates. one vice presidential, and three presidential. they're going to stand on the same stage. it's not to be a matter of money and competing advertising terms-- our own jim l
and now you've got president obama-- if you go into wisconsin and spend a bundle, you go into michigan, whatever, to tie up the-- i mean, that's what it does. it gives you more tactical latitude. >> i'm more skeptical that money makes the difference. when you look at the evidence-- when people do a big ad, all the bain ads against romney, it did drve his personals down but it didn't really affect his vote. i think when you look at the door, you see you can drive personals down or up, but...
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May 30, 2012
05/12
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his father was a successful businessman, governor of michigan. here we have romney, businessman, governor of massachusetts, running for the presidency. some things he doesn't talk about, for example, he said his moral mon faith is one of the most important treasures iny life, but he doesn't talk about it on the campaign trail. he doesn't talk about the fact he graduated from harvard business and harvard law. he said obama spent too much time at however. and bain capital, it's important to understand, we're hearing both side of the campaign, 30-second commercials, but in the book we talk about 15 years and 100 deals so, that tells you there's a lot more there. it's an interesting story that tells you about the kind of person he and is what he would try to bring to the table. >> warner: so talk about what kind of person he is, if you spent 15 years in that pressure cooker, the pressure to perform for yourself, your stockholders, pressure to cinch a deal, do you see those same qualities coming to him as a candidate, shaping him as a candidate? >> we
his father was a successful businessman, governor of michigan. here we have romney, businessman, governor of massachusetts, running for the presidency. some things he doesn't talk about, for example, he said his moral mon faith is one of the most important treasures iny life, but he doesn't talk about it on the campaign trail. he doesn't talk about the fact he graduated from harvard business and harvard law. he said obama spent too much time at however. and bain capital, it's important to...
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Aug 23, 2012
08/12
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across the nation today: president obama was in nevada; governor romney in iowa; vice president biden in michigan; and congressman ryan in virginia and north carolina-- shown here on the "newshour's" vote 2012 map center. the top of the republican ticket told iowans today his running mate would help get the country back on the right fiscal track. >> i want to return to the path that made america the great success that it's been and i understand the implications of that. 12 million jobs for middle income families, more take-home pay for middle income families. this is what we have to bring to this country and the plan i've decided on will get it done. >> woodruff: on the east coast, congressman ryan was going after the president in another battleground-- virginia. ryan told the roanoke crowd that mr. obama's health care overhaul would wreck medicare. >> he took $716 billion from the medicare program and spent it on obamacare. do you think raiding medicare to pay for obamacare is an achievement? do you think dropping medicare patients is an achievement? neither do we. >> woodruff: that's the same m
across the nation today: president obama was in nevada; governor romney in iowa; vice president biden in michigan; and congressman ryan in virginia and north carolina-- shown here on the "newshour's" vote 2012 map center. the top of the republican ticket told iowans today his running mate would help get the country back on the right fiscal track. >> i want to return to the path that made america the great success that it's been and i understand the implications of that. 12...